Was AMC a corrective five wave all along?
I have decided to reset my elliot chart on AMC and start again. It is mindboggling to think that I could have missed something simple that has been under my eye all that time! AMC looks like it has been in a corrective five wave supercycle. After the end of the fifth wave, we seem to be in a cumulation phase triangle. A STRONG BREAK OUT OF THE TRIANGLE WOULD BE HUUUGEE. AMC may drop in the short-term, but the long-term looks BULLISH.
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